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Comprehensive Partnership Taxation Form 1065 25-26

 Various
 
8.0
Registration is Open
Member Price
$329.00 Regular Registration
Your Price
$439.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Tue, 07/29/2025 from 11:00 am to 6:30 pm
 Thu, 08/28/2025 from 9:00 am to 4:30 pm
 Thu, 08/28/2025 from 11:00 am to 6:30 pm
 Tue, 10/21/2025 from 9:00 am to 4:30 pm
 Tue, 10/21/2025 from 11:00 am to 6:30 pm
 Wed, 12/03/2025 from 9:00 am to 4:30 pm
 Wed, 12/03/2025 from 11:00 am to 6:30 pm
 Wed, 02/04/2026 from 9:00 am to 4:30 pm
 Wed, 02/04/2026 from 11:00 am to 6:30 pm
Designed For:

Tax professionals, CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge.

Prerequisite:

Some knowledge in partnership taxation.

Taxation of partnerships continues to become more complex every year. This course highlights the significant areas of concern for tax advisors and their clients in compliance and planning for partnership operations, distributions and transactions. Topics covered include unique and targeted allocations, proper calculation of outside and inside tax basis, tax consequences of distributions, the impact of ?hot assets? on distributions, transfer of partnership interests, and issuance of partnership interests to service partners. This course will also help you add immediate value to your partnership clients by correctly calculating and reporting critical partnership tax items that generate most IRS audit adjustments.

Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate

Sponsors

For Technical Support: 
Please contact the CalCPA Help Desk at (866) 928-8915, [email protected] . Allow 1 business day for email responses

Objectives

  • Recognize the issues surrounding t he formation and operations of a federally taxed partnership
  • Understand how to allocate income and loss under various methods, including targeted allocations, the proper use of the three 704(c) allocation methods, and how to maintain the 704(b) book capital accounts
  • Calculate partnership tax r eporting items, including recourse and non-recourse debt on the Schedule K-1, allocating minimum gain allocation amounts,, and gain potential attributable to operating and liquidating distributions
  • Determine how to properly calculate the income tax on the sale of a partnership interest as well as the tax impact of the distribution of cash and non-cash assets for both proportionate and disproportionate distributions

Speakers

Advanced Preparation

None.

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.